SCHARBAUER 103
SCHARBAUER 103 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2024 to August 2026, totalling 37,963 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.7M, with roughly $546K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 902 barrels a month. Its strongest month on the record we hold was March 2024, at 3,383 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SCHARBAUER 103
- Who operates SCHARBAUER 103?
- SCHARBAUER 103 is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is SCHARBAUER 103?
- SCHARBAUER 103 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61039.
- Is SCHARBAUER 103 still producing?
- SCHARBAUER 103 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHARBAUER 103 is August 2026.
- How much has SCHARBAUER 103 produced?
- SCHARBAUER 103 has reported 37,963 barrels of oil (bbl) to the Railroad Commission of Texas between March 2024 and August 2026, from 1 wellbore.
- How much is SCHARBAUER 103 worth?
- The remaining production from SCHARBAUER 103 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHARBAUER 103 is a fraction of it. The estimate fits an Arps decline curve to the production SCHARBAUER 103 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHARBAUER 103 is an estimate of value, not an offer and not an appraisal.
- How much income does SCHARBAUER 103 generate in a year?
- SCHARBAUER 103 is forecast to net about $546K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHARBAUER 103 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Mabee (Strawn) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 61039 |
| Wellbores | 1 |
| Reported production | 37,963 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where SCHARBAUER 103 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.